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Capital Southwest (Capital Southwest) Effective Interest Rate on Debt %

: 6.51% (As of Dec. 2023)
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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Capital Southwest's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $45.9 Mil. Capital Southwest's average total debt for the quarter that ended in Dec. 2023 was $705.3 Mil. Therefore, Capital Southwest's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.51%.


Capital Southwest Effective Interest Rate on Debt % Historical Data

The historical data trend for Capital Southwest's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Capital Southwest Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.82 6.10 5.24 4.38 4.95

Capital Southwest Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.23 5.65 5.91 5.97 6.51

Competitive Comparison

For the Asset Management subindustry, Capital Southwest's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Capital Southwest Effective Interest Rate on Debt % Distribution

For the Asset Management industry and Financial Services sector, Capital Southwest's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Capital Southwest's Effective Interest Rate on Debt % falls into.



Capital Southwest Effective Interest Rate on Debt % Calculation

Capital Southwest's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -28.873/( (528.588+637.644)/ 2 )
=-1  *  -28.873/583.116
=4.95 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=528.588 + 0
=528.588

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=637.644 + 0
=637.644

Capital Southwest's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -45.892/( (732.667+677.835)/ 2 )
=-1  *  -45.892/705.251
=6.51 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=732.667 + 0
=732.667

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=677.835 + 0
=677.835

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Capital Southwest  (NAS:CSWC) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Capital Southwest Effective Interest Rate on Debt % Related Terms

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Capital Southwest (Capital Southwest) Business Description

Traded in Other Exchanges
Address
8333 Douglas Avenue, Suite 1100, Dallas, TX, USA, 75225
Capital Southwest Corp is an us-based investment company that specializes in providing customized financing to middle market companies across various industries. The company's investment objective to produce attractive risk-adjusted returns by generating current income from debt investments and capital appreciation from equity and equity related investments. It focuses on providing flexible financing solutions through partnership with business owners, management teams, and financial sponsors. The company's portfolio may include senior debt, second lien and subordinated debt, preferred stock and common stock and warrants. The primary source company's revenue comprises interest income and dividend income from investments made as well as management fees.
Executives
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Christine Battist director 601 CARLSON PARKWAY, SUITE 250, MINNETONKA MN 55305
David R Brooks director 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
Michael Scott Sarner officer: Chief Financial Officer 5400 LYNDON B. JOHNSON FREEWAY, SUITE 1300, DALLAS TX 75240
Thomas William R Iii director 12900 PRESTON ROAD, SUITE 700, DALLAS TX 75230
Thomas Duane Morgan director 9800 RICHMOND AVE, SUITE 305, HOUSTON TX 77042
Joshua S. Weinstein officer: Senior Managing Director C/O CAPITAL SOUTHWEST CORPORATION, 5400 LYNDON B JOHNSON FREEWAY, SUITE 130, DALLAS TX 75240
Bowen S Diehl director, officer: President and CEO 12900 PRESTON ROAD, SUITE 700, DALLAS TX 75230
Jack D Furst director 2591 LAKESIDE PARKWAY, SUITE 100, FLOWER MOUND TX 75022
John H Wilson director 12900 PRESTON RD, STE 700, DALLAS TX 75230
Douglas M. Kelley officer: Sr. VP & Managing Director 5400 LBJ FREEWAY, SUITE 1300, DALLAS TX 75240
Moab Partners Lp 10 percent owner PO BOX 352, SHORT HILLS NJ 07078
Moab Capital Partners Llc 10 percent owner PO BOX 352, SHORT HILLS NJ 07078
Joseph B Armes director, officer: President 5420 LYNDON B, JOHNSON FREEWAY, SUITE 500, DALLAS TX 75240
Moab Gp Llc 10 percent owner 15 EAST 62ND STREET, NEW YORK NY 10021

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